How much money will you get after taxes if you win the Powerball

taxes on $2 million dollars lottery winnings
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Yes, lottery winnings are taxable under state and federal law In Pennsylvania, all lottery winnings are subject to the commonwealth's %

Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%

taxes on lottery winnings calculator canada The tax withholding rate is 24% for lottery winnings, less the wager, for prizes greater than $5,000 An example of the calculation used to determine whether a

taxes on poker tournament winnings Before you see a dollar of lottery winnings, the IRS will take 25% Up to an additional 13% could be withheld in state and local taxes,